Home Panel Advances US Strategic Bitcoin Reserve Invoice

The U.S. Home Monetary Companies Committee superior H.R. 8957, the American Reserve Modernization Act of 2026, in a reported 28-21 vote on September 16. The motion strikes the proposal into committee-approved standing, whereas its creation of a federal Bitcoin reserve stays contingent on enactment.The committee’s official markup agenda listed each H.R. 8957 and a Steil substitute modification for consideration that day. The reported vote consequence was revealed by Cointelegraph.Home Monetary Companies Committee advances H.R. 8957The measure would put a Strategic Bitcoin Reserve into federal legislation and set separate guidelines for different digital belongings held by the federal government. The committee continuing thought of a substitute modification related to Rep. Steil alongside the underlying invoice, in accordance with the agenda.Committee approval doesn't itself set up both holding. The laws’s operational necessities would take impact provided that the invoice is enacted.Treasury would have 180 days to create two federal digital-asset holdingsUnder the textual content of H.R. 8957, Treasury would have 180 days after enactment to determine two distinct federal holdings: a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The separation is specific within the invoice, relatively than treating Bitcoin and different digital belongings as one pool.Though the revealed invoice textual content describes the reserve and stockpile as buildings Treasury can be directed to create, no reserve was created following the committee vote.The invoice locks reserve Bitcoin for at the very least 20 yearsBitcoin deposited into the proposed reserve can be topic to a minimal 20-year holding interval. Throughout that interval, H.R. 8957 would prohibit the federal government from promoting, swapping, auctioning or encumbering the reserve Bitcoin.That restriction applies particularly to Bitcoin within the Strategic Bitcoin Reserve. By establishing a separate Digital Asset Stockpile, the measure attracts a statutory distinction between the reserve’s long-term Bitcoin custody guidelines and the remedy of different federal digital-asset holdings.

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